Breakingviews - Global finance unknowns are more “who” than “what”

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The blowup of the UK pension market has got regulators hunting for weaknesses in the over-$200 trillion shadow banking sector. In deciding what to police, the question is who’s exposed. That’s a blind spot, says aimeedonnellan. BVPredicts

A man holds an umbrella as he looks out at London's Canary Wharf financial district from Greenwich park, July 2, 2012. REUTERS/Andrew Winning

. The key to stopping a crisis isn’t locating the landmines – it’s working out who’s most likely to stand on them., the Bank of England had to launch a 65-billion-pound scheme to stabilise the market. Had it not done so, it said, the funds would have had to liquidate investments to meet margin calls on their loans. Panicked sales of bonds could have pushed borrowing costs up in the mortgage market, rippling through the wider economy.

Leveraged loans are also vulnerable to a similar fire sale. Before the pandemic, banks, hedge funds and other investors were happy to back corporate takeovers with high levels of debt. So-called open-ended funds, which make up 4% of the leveraged loan market, are a particular worry, because these allow investors to demand their money back, even though the fund’s assets might not be easily sellable.

 

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Breakingviews aimeedonnellan Islamic republic wants to get hostage the family of celebrities to silence them. yesterday IR regime force lands a commercial airliner carrying AliDaei (legendary soccer player)'s family en route to Dubai and took them out. MahsaAmini IranRevolution

Breakingviews aimeedonnellan Mohammad_moradi,who was living and studying in Lyon,France,drowned himself in a river to stand with Iranian protesters and to raise awareness of all the torturers,murders and rapes IR is causing to Iranians. he said:“I'd rather die than live in disgrace“ please spread his words.

Breakingviews aimeedonnellan Mohammad_moradi,who was living and studying in Lyon,France,drowned himself in a river to stand with Iranian protesters and to raise awareness of all the torturers,murders and rapes IR is causing to Iranians. he said:“I'd rather die than live in disgrace“ please spread his words

Breakingviews aimeedonnellan Mohammad_moradi,who was living and studying in Lyon,France,drowned himself in a river to stand with Iranian protesters and to raise awareness of all the torturers,murders and rapes IR is causing to Iranians. he said:“I'd rather die than live in disgrace“ please spread his words.

Breakingviews aimeedonnellan Ali_Daei has been a huge critic of the IR regime amidst the protests in Iran they hostage Daei's wife and daughter by landed the passenger flight en route Dubai in forced to prevent them from leaving the country. MahsaAmini IranRevolution

Breakingviews aimeedonnellan Who should go to prison...?

Breakingviews aimeedonnellan Mohammad_moradi,who was living and studying in Lyon,France,drowned himself in a river to stand with Iranian protesters and to raise awareness of all the torturers,murders and rapes IR is causing to Iranians. he said:“I'd rather die than live in disgrace“ please spread his words.

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